"the last word" with lawrence o'donnell starts right now. there a nuclear option on the debt ceiling? and is that nuclear option the constitution of the united states? >> maybe if he would just take a valium and calm down and come talk to us, it might be helpful. >> pro wrestling at its political finest. >> i along with the other republican members will not be attending. >> the senate is canceling its planned recess next week for the 4th of july. >> mitch mcconnell making a big deal of inviting the president for a chat with no notice with the knowledge he already had plans. >> the president said he wasn't going to change his plaque plans to meet with mitch mcconnell. >> he also invited the president

to hear what would not pass. >> is it logic? the republicans are not big on logic. >> if they don't this time, the full faith and credit of the u.s. will be in peril. >> if we don't do that -- wait, what happens again? >> armageddon. >> armageddon. >> armageddon. >> democrats are saying yes to michele bachmann. >> i'm not surprised by how well michele bachmann has done. she comes across as a real person. >> real human moments. very compelling to voters. >> obama's got some magic. >> with the wink and a hug, she's made the majority of the gop field disappear. >> king james called napoleon and together decided to kill america. they sent the nina, pina, and santa maria to fight. and yes to stephen colbert. >> i'm sorry to say, ladies and

gentlemen, we won! [ applause ] >> it's so cool to be at super pack that even stephen colbert is doing it. >> it's something from a channel called comedy central. >> and, yes, this comedy is really over. good evening from new york. republican senate leader mitch mcconnell had a message for the president today. >> i'd like to invite the president to come to the capitol today, to meet with senate republicans. anytime this afternoon, he's available, to come on up to the capitol and meet with senate republicans. that way he can hear directly from senate republicans directly from senate republicans why what he is proposing will not pass. all of us know that congress isn't going to approve hundreds of billions of dollars in tax hikes. >> mcconnell, who yesterday during the president's press conference, held a phony press

conference about a phony constitutional amendment that will never pass, spent today issuing phony invitations to the president and making phony references to what he calls tax hikes. the current republican position that any agreement on deficit reduction must be 100% spending cuts and 0% tax revenue increases, contradicts an earlier republican position. republican leaders in congress clearly do not believe that any revenue increases are unacceptable in principle, because they are right now touting a study by three conservative economists from the conservative american enterprise institute which found that, quote, successful fiscal consolidations averaged 85% spending cuts and 15% revenue increases. 85%, 15%. 15% revenue increases. there is a big difference between 15% and 0%.

this study can be found right now on house speaker john boehner's website. speaker.gov. there are reports now seeping out of the ultrasecret bipartisan deficit reduction negotiations led by invite president joe biden that the ratio that was on the table when the republicans walked out was 83% spending cuts, 17% revenue increases. so when the talks got within a couple of percentage points of the ratio that republicans recently considered acceptable, why did the republicans walk out? senator chuck schumer knows why. >> let's not forget senator mcconnell made it clear last october that his number one priority above everything else is to defeat president obama.

and now it's becoming clear that insisting on a slash and burn approach may be part of this plan. it has a double benefit for republicans. it's ideologically tidy and undermines economic recovery, which they think only helps them in 2012. >> the current position on tax revenues including the refusal to close tax loopholes is too extreme even for republicans formerly thought of as conservative. >> tax expenditures, it's really, really nothing more than tax spending. they're spending by any other name. they are really, really ear marks. when we went into these tax expenditures, we found that only 10% of the american public, the wealthiest people in america, use them, because they are the ones that can hire the best lobbyists, go to the finance committee. the little guy had no idea it

was there. he does the standard deduction and walks away. we found the top 400 income earners in the united states pay an average of 16% income tax, and it's absolutely absurd. >> on cnbc today, longtime former federal reserve chair allan green span first appointed by president reagan and reappointed by presidents clinton and the presidents bush addressed the tax question. >> should the president take the tax increases that the republicans say they're not going to agree to off the table so that they could actually come to an agreement on this debt? >> i think that the republicans ought to identify a very significant amount of so-called tax expenditures which in fact are misclassified. they are expenditures. they are outlays, and many of them are subsidies. and subsidies are not the type of thing that you want for an

efficient market system. there are a lot of them. allan green span's position on taxation is charmingly old-fashioned. he actually thinks that the government should raise as much in tax revenue as it spends. >> in the 1990s era, tax rates would actually be helpful in terms of helping this? >> my view is that i was in favor of the bush tax cuts on the grounds that it was the dissipation of a surplus. as soon as it became obvious that the surplus disappeared, i no longer supported that. and my view about taxes is i would like them as low as possible, but not with borrowed money. >> joining me now, ezra klein. thank you for joining me tonight. >> good evening. >> i want to thank you for pointing out to us that study that is speaker boehner's website, or was on his website

at the beginning of this program and perhaps soon will be scrubbed from his website, indicating a study by conservative economists indicating that a very successful formula for deficit reduction is 85% spending cuts, and 15% tax revenue increases. that study i believe was done on foreign examples. it's not a model surveying all of the recent versions of deficit reduction that we've done here in the united states, is it? >> right. it is not at all. so i got pointed to that study by my consult at the roosevelt institute. it was considered by most people to be an extreme study. it misinterpreted a lot of the examples used. a lot of folks had done so by doing it in the late 1990s when you could export a lot, there were other ways to recover. but even so, that was considered a fairly extreme result they got. and yet that extreme result got put on the table by barack obama

and the democrats. they had a $2.4 trillion deficit reduction, and the republicans didn't just say no, that's not quite good enough, they walked out. >> yeah. the interesting model for deficit reduction i always thought for the obama white house was the clinton model, the 1993 bill, which was 50/50. it was first% spending cuts, 50% tax revenue increases. why wouldn't the white house have looked at the clinton deficit reduction package, which then led us to the most economically successful decade that we've had with the highest surge in incomes that we've ever seen, especially at the top end? why didn't they start with that and say, we want to do the clinton model, you republicans? we want to do 50/50? and i suppose negotiate away from that. >> because the obama administration has a funny tendency to start with what they think would be an acceptable final compromise to the

republicans. their health care bill, cap and trade, the budget deal they put on the table here when they came in with their deficit framework, and it was somewhat to the right of the fiscal commission. fewer defense cuts and taxes than the fiscal commission did. they come in with a bid to appear reasonable. and i'm not saying they are shocked every time republicans get up and walk out, but they say no, because they are frankly not interested in compromising with this administration. mcconnell had this amazing quote the other day, where he said the president can have one of two things. he can have a bipartisan deal on the deficit or tax increases, but not both. now, in any normal accounting, a bipartisan deal would be one with tax increases and spending cuts. but that is not how the current republican majority works. they are simply saying if you want any of our support, you give us everything that we want. >> it seems, ezra, that the white house is now hoping that outside interests in the republican world, like wall

street and business interests, will prevail and try to deliver some sanity to the john boehners in the house of representatives and mitch mcconnells to try to get them to step up and agree to raising the debt ceiling. is there any evidence that these people, that this new version of the republican party, will listen carefully and take dictation from wall street? >> no. it's never a great bet. nor from main street for that matter. that's a tendency for people to have in their head a model of politics where the actors are heavily influenced by large corporations, lobbyists, and trade firms, and they are. but when you're dealing with megapolarizing issues, things like the health vote or the debt ceiling vote, these groups do not have that much sway. the chamber of commerce are lobbying for the big infrastructure bill that barack obama proposed. that is an all-star team there, and it has gone nowhere. when you have a polarizing vote, and the republicans are much more afraid of the tea party and the democrats are more

interested in their base than they are in outside groups. >> msnbc analyst ezra klein, thank you for joining me tonight. >> thank you. if the republicans in congress refuse to raise the debt ceiling, there may be a way, a way never even considered before, to avoid a catastrophic default. the 14th amendment of the united states constitution. joining me now is bruce bartlett, who served as executive director of the economic committee as a senior policy analyst in the reagan white house and assistant secretary at treasury during the first bush administration, and is now a columnist for "the fiscal times" and a contributor to "the new york times." thank you for joining me. >> happy to be here. >> bruce, every provision of the constitution at some point gets its 15 minutes of fame. the 14th amendment has now begun its 15 minutes of fame. the validity of the public debt of the united states authorized by law, including debts incurred for payments of pensions and

bounties for services in suppressing insurrection or rebellion, shall not be questioned. there are those, bruce, who are saying that what this provision means is we don't even need to legislate a debt authorized ceiling, an authorized amount of debt, that the constitution in effect trumps everything and authorizes whatever debt the united states incurs. >> i think a broad reading of that provision of the constitution is justified. especially the part about the pensions. and because that implies a symmetry to things such as social security benefits, which one can argue is a debt that is owed to the people who paid the taxes and the expectation of getting a benefit. and that would be true of medicare benefits.

and of course a lot of what the government pays for is vendors who provide goods and services to the government, especially the department of defense. it seems to me that all of those things can be legitimately considered debts that cannot be questioned. and the term "cannot be questioned" is about the broadest, strongest, constitutional language you can find in the constitution. >> and so this now introduces the possibility of a so-called nuclear option in what we all thought was the inevitable need to reach an agreement, there must be some kind of agreement on raising the debt ceiling. maybe there doesn't have to be an agreement if the president wants to invoke the 14th amendment of the constitution. and let's just scheme it out here for a minute, bruce. assuming we got to august 2, assuming there was no action, the republicans didn't allow action, didn't move forward, there wasn't an agreement that people could vote on, at that point, could the president

simply go out and make a speech citing the 14th amendment and announcing to the world, to our creditors around the world, to social security recipients, i as the chief executive of the executive branch will continue to make all payments that we are obliged to make? and therefore, this debt will continue to increase. >> well, i think the timing here is going to have to be pretty important. there's a lot of discussion about the precise date at which the treasury literally runs out of money. but one of the important things to keep in mind here is that that date is very likely to happen when congress is in recess, during august. so we may come up to -- so there may simply be no other alternative, and i think that when that day comes, the president would be on very, very strong constitutional grounds by saying protecting the credit of the united states is as important as protecting the

lives and property of the american people. and it would justify the same kind of response that he exercises as commander in chief. and he could -- i think he should order the -- under those circumstances order the treasury secretary to simply borrow as much as necessary to repay -- to maintain the country's credit and avoid default. >> bruce, quickly before we go, in the minutes i've had to think about this, i haven't been able to figure out how anyone could stop the president from doing that. if that happened and the president did that, what would the republicans be able to do to stop him? >> well, professor jonathan zaslo of ucla has argued that no one would have standing to sue the president if he did this, except the congress as a whole. the house and the senate would have to pass a joint resolution, condemning the president's action, and authorizing a lawsuit. and i think that's very

unlikely. >> the votes wouldn't be there for joint resolutions in both bodies under those circumstances. it's getting interesting. bruce bartlett, former senior policy analyst in the white house, now a columnist for "the fiscal times." thank you for joining me tonight, bruce. >> happy to be here. coming up -- former president bill clinton praises michele bachmann and says he's not surprised she's a 2012 front-runner for the republican nomination. republican governors as usual disagree with bill clinton. we'll show you who's behind the republican stop bachmann movement. and stephen colbert proudly follows in the footsteps of karl rove. verizon claims its 4g lte is twice as fast as at&t.

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coming up -- bill clinton praises michele bachmann, while a republican governor compares

her to barack obama, which is not exactly a compliment in republican circles. and jimmy kimmel rewrites michele bachmann's rewrite of american history, which gives us a rewrite you don't want to miss. it's jimmy kimmel doing tonight's rewrite. host: could o really save you fifteen percent or more on car insurance? do woodchucks chuck wood? (high-pitched laughter) man: hey you dang woodchucks, quit chucking my wood!

vo: geico. fifteen minutes could save you fifteen percent or more on car insurance. this morning in what may be his latest desperate plea for attention, former president bill clinton decided to say some very nice things about republican presidential candidate michele bachmann. >> i'm not surprised by how well michele bachmann has done. i have been watching her speak.

she comes across as a real person. all those foster children she's taken in. and children she's raised. >> then clinton talked about the other republican candidates for president. >> the ones i like are the ones that you think are more moderate. >> more moderate? there are no moderate republican candidates running for president. who is this guy talking about? all right. let's just listen to the rest of what clinton said. >> the ones i like are the ones that you think are more moderate. because i think they are more connected to the real world. and i think they'll be -- they would be formidable. i think. but i'm afraid if i say anything nice about them, they'll lose for sure. >> ok. again, there are no moderate republican candidates running for president. yes, moderate republicans who used to exist during clinton's presidency were more connected to the real world, which is part of the reason the clinton presidency, which began with

what we then thought was a big deficit, ended with what we all thought and continue to think was a very, very big surplus. but those days are over. as the st. louis post dispatch editorial that i read here last night noted, there really are no more moderate republicans in office. and, yes, clinton is right in thinking that a moderate republican would be a formidable re-election opponent for barack obama, but none of the current republican candidates can beat him. and then there's clinton's egomaniacal notion that if he says anything nice about a republican candidate, then that candidate will lose for sure. it is hard to be more irrelevant to republican primary voters than bill clinton is. nor is he terribly influential with democratic presidential primary voters for that matter. if he was, he'd be living in the white house tonight.

of more concern for the republican candidates for president is what actual republicans say about them. political reports that republican governors are beginning to make themselves heard on the campaign trail, which is not turning out to be good news for michele bachmann. republican iowa governor terry branstead -- and then governor branstad said the worst thing he could possibly say about michele bachmann. he compared her accomplishment free congressional career now only in its fifth year to barack obama's preparation for the presidency. and especially when you look at

how we elected a candidate who had charisma but no experience, and you look at the situation we're in today, a lot of people are saying we need more than charisma, we need experience, and the ability to make tough decisions that chief executives have to make. joining me now is howard fineman, nbc news political analyst and senior political editor for "the huffington post." thank you for joining me tonight. >> hi, lawrence. >> let's just start with what bill clinton is up to here. and we can stipulate it's entirely possible he is up to nothing other than the limitless joy of hearing himself talk. but am i -- could there be something clever to what bill clinton is doing in praising michele bachmann? >> lawrence, i have known and covered bill clinton, i don't know, for about 25 years. he doesn't just kill two birds with one stone. he kills a whole flock, ok? of course he wants the publicity.

all politics is local, lawrence. the clinton global initiative meeting is going on, in competition with the aspen ideas festival. so bill clinton wants to generate some headlines for his conference. and just for being bill clinton. but he's also trying to do what he thinks is a favor for the white house. and i think bill clinton cares about being politically relevant to barack obama and the white house. wants to do chores for them, even if they don't ask him to. in this case, he's trying to stir up trouble. he's trying to build up michele bachmann so that she is a formidable force in iowa and elsewhere, to make life miserable for the very moderates he says would be the stronger candidates. so that's what bill clinton is up to. >> and the republican governors have been awakened. it seems to me that they are starting the stop bachmann movement. i mean, what branstad is saying, she's very nice, but has the

charisma just like barack obama had the charisma. but look what charisma gets you. you need a governor. he is very specifically saying, you need one of the governors. >> i know. but again, all politics is local. terry branstad is the governor of iowa, the second time around. he loves the iowa caucuses. the iowa caucuses bring a lot of money into iowa. michele bachmann is going like gang busters in iowa. the subtext of what terry branstad was saying, is hey, mitt romney, hey, tim pawlenty, you're former governors. don't give up on iowa. get in here and compete. now, pawlenty is doing it, but mitt romney is not taking part in the straw poll in august. he is trying to blow off iowa, not really compete there. the subtext there is branstad saying, please come to iowa and compete here. in addition to the point that he makes about governors, which is a perfectly valid one. >> howard, michele bachmann's husband has been unknown to me. and i think other observers of national politics up to now.

but when you get into that presidential campaign, the heat is on, the microscope starts focusing. listen to something that her husband has said. howard, the barbarians he's talking about are gay people. he can obviously produce quotes that are even hotter than howard, the barbarians he's talking about are gay people. he can obviously produce quotes that are even hotter than michele bachmann. so now she's going to be carrying the dual liability of what she says and her husband says going forward. >> right. i think so. and i was in minnesota the other day as you know, lawrence, talking to democrats up there. they talked about the gay issue

with michele bachmann. i mean, she was famous in the state legislature for making a big deal out of this, for being a proponent of traditional marriage, and having a lot of things to say about the gay lifestyle and about gays and lesbians, et cetera. that's very much a part of the package of who she is. and it's one of the things that's going to be an issue because she and her husband have both made some statements and taken some actions that are going to get a lot of attention out there. and that will turn -- it will help her with evangelical christians, but not with anybody else, even in the republican caucuses. >> msnbc political analyst howard fineman. thank you for joining me tonight. >> thanks, lawrence. coming up -- jimmy kimmel's take on michele bachmann gives us everything we need for a rewrite that you just cannot miss tonight. and in the spotlight, if karl rove's super pack is a threat to democracy, just how dangerous is the colbert super pac?

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this just in. pat robertson has reacted to the passage of the marriage equality legislation in new york, saying that it is a warning that god is going to destroy america. robertson didn't say exactly when god was going to get around to that, so we will continue with the program. still to come tonight -- earlier

today, the federal election commission granted permission to comedian stephen colbert to set up his own super pac. what precedent does this set for other cable hosts that want to follow in colbert's footsteps? are we really ready for the o'donnell super pac? that's coming up. and michele bachmann refuses to correct her mistake, so jimmy kimmel gives us michele bachmann's version of american history, and that is tonight's unmissable "rewrite." . t. its powerful tools help you work faster and smarter

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all those in favor a aye. aye. >> opposed? motion carries five to one. although we have taken two separate votes there will be one advisory opinion. mr. colbert, you may form your pac and proceed as the commission has advised in this opinion. >> yes, that really was the real federal election commission granting stephen colbert permission to set up his political action committee. colbert super pac. it will join over 100 super pacs since the supreme court has

ruled in favor. they ruled today that colbert can in effect advertise the colbert super pac on the show without treating the air time used to discuss the colbert air pac on the show as oy contribution from the network comedy central or its parent company, viacom. colbert contained himself and allowed his attorney to handle most of the questions. but once it was approved, the artist currently known as colbert returned to form. >> i am here to represent your voice, so please quiet down. so we can all hear what you have to say with my mouth. there will be others who say stephen colbert, what will you do with that unrestricted super pac money? to which i say, i don't know. give it to me and let's find out. because i don't know about you, but i do not accept limits on my

free speech. i don't know about you, but i do not accept the status quo. but i do accept visa, master card, and american express. >> joining me now, "huffington post" reporter and msnbc contributor alex wagner. have you made your contribution yet to the colbert super pac? >> in a donation under $50 so that he does not have to disclose it. >> so the question of the day is, is this a joke? >> no. the fec ruled in his favor, and the fec is a very serious body. my favorite part of that whole sort of scene in washington today was that they panned out from the rest of the room, and you could see the faces of all of the fec folks on the board, and they were just beaming like we're finally getting our 15 minutes. but it is very serious.

and this sets a precedent. now other folks on other channels who have political leanings such as sarah palin will be free to fund raise and advocate and, you know -- >> well, she order -- palin already has a pac. all they said today is if you discuss the pac on your show, that will not be considered a contribution from viacom or comedy central. it was a very minor point. it doesn't really change the landscape much. let's listen to colbert's answer to the question of, is this a joke? >> now, some people have cynically asked, is this some kind of joke? i for one don't think that participating in democracy is a joke. but i do have one federal election law joke if you'd like to hear it. knock, knock. >> who's there? >> unlimited union and corporate campaign contributions.

that's the thing. i don't think i should have to tell you. >> ahead of the ruling, some advocacy groups like democracy 21, campaign legal center, they urged the fec to not allow this definition, this technical definition of it not being a contribution. i'm not sure exactly what there is to fear there. they mentioned that sarah palin has a pac. mike huckabee has a pac. the question is what happens when they mention it on fox news. fox news can just say, you can't discuss your pac. >> actually, colbert was pushing for broader press freedoms if you will. he wanted to be able to use staffing from his show to create advertisements. he wanted to be able to run his advertisements for his pac on other shows. democracy 21 took a firm stand against it because it sets a questionable precedent.

you know, as far as fox news, what this points to is a broader, and i think more disconcerting trend, in terms of money, media, and influence. and you look at fox news. and again, this is a channel that -- let's remind our viewers donated $1 million to the u.s. chamber of commerce and $1.25 to the republican governor's association last year. that was precedent setting. now there's a confluence of media and money. if we are talking about free speech and democracy and the political process and transparency, i think it's a disturbing trend. >> what he's really done for himself is created a nightmarish bookkeeping task. he has to record every dime that comes into that pac, where it came from, occupation, address of who sent it, and then every penny he spends in that pac. we'll see how long he enjoys doing that. >> indeed we will. >> alex wagner, thank you for joining me tonight. >> thanks, lawrence. coming up -- american history bachmann style. the republican presidential candidate sticks to her own version of history, which provokes jimmy kimmel to present american history according to michele bachmann.

and we will bring you glenn beck's final minute on the air tonight at fox news. that's coming up. ñññ

on this the final day of june 2011, glenn beck ended his romance gone bad with fox news and walked off his set for the final time. we will show you that historic moment in broadcasting, and review the best of glenn beck by which of course we mean the worst of glenn beck. and jimmy kimmel's rewrite of michele bachmann's rewrite of american history is now our unmissable rewrite, tonight. at g aspirin for pain relief. with new extra-strength bayer advanced aspirin. it has microparticles, enters the bloodstream faster and rushes relief to the site of pain. it's clinically proven to relieve pain twice as fast. new bayer advanced aspirin.

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see accidents and service reported to carfax and a price based on the car's history. free, at thousands of reputable dealers. just say, show me the carfax. michele bachmann has made the political decision to never, ever admit that she's wrong. it's not an unusual decision for a politician. most of them have made that exact same decision, and most of them get away with that, most of the time, but very, very few of them are as wrong as often as michele bachmann. is wrong. no one can forget this one. >> we know there was slavery that was still tolerated when the nation began. we know that was an evil, and it was a scourge and a blot and a stain upon our history. but we also know that the very founders that wrote those documents worked tirelessly until slavery was no more in the united states.

and i think it is high time that we recognize the contribution of our forebears who worked tirelessly, men like john quincey adams who would not rest until slavery was extinguished in the country. >> when informed by reporters who could remember enough of their elementary school american history that she was wrong about that, nothing could make her admit it. her most recent refusal to admit how wrong she was occurred this week with george stephanopoulos. >> you said that the founding fathers worked tirelessly to end slavery. >> well, if you look at one of our founding fathers, john quincey adams, that's absolutely true. he was a very young boy when his father serving essentially as his father's secretary. he tirelessly worked throughout his life to make sure that we did in fact one day eradicate slavery -- >> he wasn't one of the founding fathers. he was a president. he was a secretary of state.

he was a member of congress. and you're right, he did work to end slavery decades later. so you're standing by this comment that the founding fathers worked tirelessly to end slavery? >> well, john quincey adams most certainly was a part of the revolutionary war era. he was a young boy, but he was actively involved. >> so it's not surprising that some observers believe that michele bachmann's campaign is going to depend on even more rewriting of history. >> not only is michele bachmann sticking to the founding father thing, she is working on -- i don't know if it's a documentary or some sort of educational film, but something to teach kids about american history. >> in 1775, thomas jefferson and john quincey adams set sail across the delaware river to tell the king of england that they had had enough of his liberal agenda. king james called napoleon, and together decided to kill america.

they sent the nina, the pinata, and the santa maria to fight. but then george washington and abraham lincoln gathered an army to turn back the big government dictators. they told paul revere to ride his horse to froto to tell him to cast the ring of fire into. then john wilkes booth showed up and killed lincoln, but there was hope because jesus' face appeared on the liberty bell. and the liberal homosexual sailed back to their gay countries, while americans claimed their land and drank beer. and that's how freedom was borned. anybody home?

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for those members of the media who are celebrating, i waited for a season. i know exactly where i'm going. and you will pray for the time when i was only on the air for one hour every day. >> that was glenn beck on the final episode of his fox news show today, doing his best to sound triumphant in a finale that fox news president roger ales has more than implied was forced on beck. beck leaves fox news far wealthier than when he arrived. he still has a financially successful radio program, and now plans on expanded internet presence. i have sharply disagreed with

and sometimes condemned glenn beck on many things, particularly on his biblical interpretations. beck critic though i am, i do try to resist the temptation of kicking someone on the way out the door who is leaving peacefully, so i leave the attack on beck to others tonight, and simply offer this review of the last 2 1/2 years of the fox version of beck that the country has managed to survive. >> baaa! hahaha, hahaha! >> just in case you have been watching all week and you haven't been frightened yet, oh, you will be. you will be. this? this president i think has exposed himself as a guy over and over and over again who has

deep-seeded hatred for white people. i don't know what it is. he is a racist. >> to fight for reform for special interests. >> what planet have i landed on? this is the damn planet of the apes. >> the president is surrounded by communists and marxists. >> he wants to legalize the illegal aliens. what does he do? he says, i'm just out of stuff to do. what else could i possibly do to the american people? >> they are marching us to a brand of nonviolent fascism. nazi tactics are progressive tactics. we call them progressives now, but back in samuel adams' day, they were called tyrants. later on, i believe slave owners.

there is strange alliance between the leftists and the islamists we are seeing. the most important aspect to understand is this not spontaneous, and will cascade throughout the middle east. i hope to god not, but i bet it touches europe and then the world. it will not have a singular ideology, but it will mean revolution, destruction, and change, and it will be led by young people, because anyone over 30 knows that chaos doesn't usually lead to anyplace good. the radicals that you and washington have co-opted and brought in wearing sheep's clothing, you've been using them. they believe in communism. they believe in it and called for revolution. >> so speaker pelosi, i just wondered -- you're going to drink your wine? by the way, i put poison in it. no, not really. look, this is not a conspiracy

theory. do you really believe that i here at fox news or anybody at fox news could just make things up and remain on the air? if i get out of the control and start leveling baseless charges that can't be backed up, guess what happens? i'm fired. i lose my job. i believe we're approaching a last call. all aboard god's train, buckle up, because trouble is coming. get behind the shield of god. i told you to buy gold. maybe you should buy some gold. as i was duping people into buying gold. i'm not real popular i hear in egypt. i get it. i'm glenn beck. it's new york city. i'm used to getting comments. i am not a journalist. i'm just a guy who cares -- i'm sorry. i'm just a guy who cares an awful lot about my country. you are the secret. you're the answer. i'm sorry. i just love my country. i fear for it.

i told you for weeks you're not alone. i am turning into a freaking televangelist. america, i'm going to shoot straight with you. i think i am wasting your time. >> and just to prove it really is over, here is glenn beck's actual exit from fox news. >> first of all, sharkey, can you bring the blinds up? we'll leave it the way we found it. it is not the person that is leaving the parade. it is not the person on the stage that gets all the credit. it is all the people behind them. it's all the people that have made this possible. from the very beginning. they don't usually run credits. we wrote them